O K taken in. I can assume that this is  very close to my personal PDS etc on my cards etc. looks like it/+ works both ways.Words may vary here and there . Still the situation is hypothetical, seems the majority here are in the gloom of dealing with enemies. Great atmosphere of doom and gloom Going to do some in depth research. Thank you.

Chargebacks DO happen.

I'll help you with some research.  Take a look at these links to some threads on the subject:

http://community.ebay.com.au/topic/Selling/Paypal-Chargeback-Leaving/600151457

http://community.ebay.com.au/topic/Selling/Livid-Right/500156485

This one is a beauty.  The chargeback happened 88 days after the sale:

http://community.ebay.com.au/topic/Selling/Paypal-Chargeback-88/500153558?#msg504968812

What posters have been saying is that if the PayPal payment for your boat is funded by a credit card then some time later (even 88 days later) the cardholder may approach their bank and ask for a chargeback for the $7,395 as they did not authorise the use of their card for that purchase.  There is NO hyptohetical about the possibliltiy of chargebacks . . . they do happen.

Consider this . . . . . . If some dishonest person hits Buy-Now and pays immediately with PayPal you will be happy.  Even if they show you ID, Licence, credit card or any other amount of identifying information it will not stop you from losing money if that person is dishonest.  Yet you will think them honest for doing things your way.  Then, 88 days later a chargeback may be made, you provide the police with all the identifying information you noted when they picked up, and are then informed that the ID was stolen.  So you go to the address of your buyer and the house is empty, the yard is a mess and there is no boat.  You later find out, through registration transfers, that your buyer sold the boat to some unsuspecting person for $4000.  You have no boat, no money, you paid PayPal fee on $7,395 transaction, you have to pay back the money to PayPal +$15 chargeback fee, and the buyer has $4000 in cash because they said NO PAYPAL on their eBay listing for the boat.  Then, you come here to the boards and ask for help with a thread titled "I've been scammed - PayPal chargeback after 3 months? WTF????"

This is the messy situation we have been been trying to help you avoid by advising you not to use PayPal.  Cash is safer for you as a seller.